The Indian Tycoon, Ratan Tata, died at age 86

Indian Business Icon Ratan Tata Passes Away at 86

Written by: Supriya Kadu

Edited by: Omkar Devadkar

Last Updated: October 10, 2024

Summary: In memory of Ratan Tata, the Maharashtra government has called for a day of mourning.

Tata Sons' emeritus chairman Ratan Tata passed away at a Mumbai hospital on Wednesday. He spent many days in the hospital's intensive care unit due to his serious condition. Due to his old age and other health concerns, Ratan Tata, 86, announced on Monday that he was undergoing a routine physical examination.

Ratan Tata, an Indian industrialist recognized for turning the Tata Group into a well-known multinational corporation, was a great philanthropist and a humanitarian. He had an honorary journey from salt to software.

The Maharashtra government has decided to give Ratan Tata, the iconic figure of industry and philanthropy who passed away on Wednesday, a state funeral. Besides announcing a day of mourning for the industrialist on Thursday, Chief Minister Eknath Shinde praised Tata as a "unique blend of morality and entrepreneurship."

On Thursday, from 10.30 am to 4 pm, his mortal remains will be on display at the National Centre for Performing Arts (NCPA) at Nariman Point, south Mumbai, so that visitors can pay their respects. His remains will be transferred to the Worli crematorium for final ceremonies at 3:30 p.m. On behalf of the Center, Home Minister Amit Shah will attend Ratan Tata's final ceremonies.

Prime Minister Narendra Modi pais his condolences “"Ratan Tata Ji was a visionary business leader, a compassionate soul and an extraordinary human being. He provided stable leadership to one of India’s oldest and most prestigious business houses. At the same time, his contribution went far beyond the boardroom. He endeared himself to several people thanks to his humility, kindness and an unwavering commitment to making our society better."

When reports of his health condition came out, he shared a post on Monday saying, “"There is no cause for concern. I remain in good spirits." Tata urged that the public and media refrain from spreading false information, clarifying that his medical tests were regular.

His younger assistant Shantanu Naidu paid tribute to his mentor Ratan Tata, saying, “The hole that this friendship has now left with me, I will spend the rest of my life trying to fill. Grief is the price to pay for love. Goodbye, my dear lighthouse ”